this is a new ad just out this morning from the obama campaign. it mocks mitt romney's plan to eliminate federal subsidies for public broadcasting, sarcastically calling big bird a, quote, menace to our economy, matt, on the level of bernie madoff. >> all right. peter alexander in virginia this morning. peter, thank you very much. republican senator john mccain was the gop candidate for president back in 2008. senator, always good to see you. thanks for coming on. >> thanks, matt. >> i'm going to get to that campaign ad in a second, but when you ran for president four years ago, no one questioned your expertise or knowledge on foreign policy. i mean, it was considered one of your strengths. i'd like you to compare your knowledge on foreign policy with mitt romney's. how do you think he stacks up? >> i think he stacks up very well because he has the same instincts and principles and view of america's role that ronald reagan did that came to the presidency after being governor of the state of california. mitt understands the need for american leader